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Business Developments & Projects

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Equinor opens call for buyers to offtake low-carbon hydrogen from H2M Eemshaven project
Business Developments & Projects

Equinor opens call for buyers to offtake low-carbon hydrogen from H2M Eemshaven project

Equinor launched its first Hydrogen Open Season, inviting parties to express interest in purchasing low-carbon hydrogen from project in Eemshaven.

about 1 year ago
Foresight giving J+S Subsea investment shot in growth arm; Source: Foresight
Business Developments & Projects

Scotland’s subsea engineering firm gets capital boost

Foresight has disclosed a capital injection into J+S Subsea, an Aberdeen-headquartered subsea engineering company. The investment is expected to support the Scottish player’s growth plans.

about 1 year ago
Two women and one man standing in front of a sign
Business Developments & Projects

Residual cold from Spain’s LNG terminal becomes low-carbon grid energy in ‘world first’

French-headquartered ecological transformation company Veolia, Spanish gas grid operator Enagás, and Barcelona City Council have launched a residual cold recovery solution installed at a liquefied natural gas (LNG) terminal in the Port of Barcelona.

about 1 year ago
Stolt Tankers forecasts 18% emission reduction as inland fleet moves to renewable fuel
Business Developments & Projects

Stolt Tankers forecasts 18% emission reduction as inland fleet moves to renewable fuel

Stolt Tankers plans to bunker all ships in its inland tanker fleet with renewable fuel in December 2024, reducing carbon emissions by 18%.

about 1 year ago
Illustration; Source: Petrobras
Business Developments & Projects

Petrobras fires the starting gun on bid battle for two new Brazil-bound FPSOs

Petrobras has kicked off a new procurement process to secure two more floating production, storage, and offloading (FPSO) vessels, which will be deployed in the Sergipe Alagoas Basin off the coast of Brazil.

about 1 year ago
Céline Place, Ambassador of France in Ireland visiting the Celtic Interconnector project in Cork; Pictured L-R: Ed Raffle, Celtic Interconnector team, Pádraig Slyne, EirGrid, Josselin Le Gall, Allianc
Business Developments & Projects

Ireland’s first energy link to EU shaping up with ‘steady progress’ on cable routes for French interconnection

A one-year construction milestone has been reached at a subsea cable interconnection project between Ireland and France, known as Celtic Interconnector, only two years since the engineering, procurement, and construction (EPC) contracts were signed in Paris.

about 1 year ago
A large LNG vessel at sea
Business Developments & Projects

GAIL’s LNG fleet growing thanks to deal with K Line

India’s state-owned natural gas player GAIL has signed a long-term time charter agreement with Japanese shipping company Kawasaki Kisen Kaisha (K Line) for a new liquefied natural gas (LNG) vessel to be built by Korea’s Samsung Heavy Industries (SHI).

about 1 year ago
Damen Ship
Business Developments & Projects

Damen expands shore power capacity to support all vessel types

Dutch Damen Shiprepair Oranjewerf has given a green boost to its ship repair, maintenance, conversion, and refit projects by expanding the shore power capacity to cover all types of vessels that call at the yard.

about 1 year ago
Illustration; Source: CNOOC
Business Developments & Projects

Chinese oil & gas giant on a roll as another development project comes online

China National Offshore Oil Corporation (CNOOC) has begun production at another oilfield development project in the South China Sea, off the coast of China.

about 1 year ago
Main Pass IV jack-up rig; Source: Shelf Drilling
Business Developments & Projects

Shelf Drilling rig scores new gig offshore Nigeria

Shelf Drilling (SHLF) has landed a new drilling assignment for one of its jack-up rigs off the coast of Nigeria in West Africa.

about 1 year ago
Renewable energy company SwitcH2 has partnered with Swedish company CorPower Ocean to develop an industrial-scale floating green ammonia production facility partially powered by wave energy.
Business Developments & Projects

Wave energy added to wind and solar mix to power floating green ammonia project

Renewable energy company SwitcH2 has partnered with Swedish company CorPower Ocean to develop an industrial-scale floating green ammonia production facility partially powered by wave energy. The project, backed by Norway-based BW Offshore and Dutch Oceans Capital, aims to combine wind, solar, and w

about 1 year ago
An offshore platform with a large vessel surrounded by several smaller vessels next to it
Business Developments & Projects

Shell and QatarEnergy team up to supply China with LNG

Two energy giants, Qatar’s state-owned QatarEnergy and UK-headquartered Shell, have inked a new long-term sale and purchase agreement (SPA) with an undisclosed client to deliver liquefied natural gas (LNG) to China.

about 1 year ago
FSO concept for Murphy's oilfield; Source: Yinson Production
Business Developments & Projects

US player entrusts Yinson Production and PTSC JV with FSO for Asian offshore oil project

A joint venture consisting of PTSC and Yinson Production has been put in charge of the provision, charter, operation, and maintenance of a floating storage and offloading (FSO) vessel destined for an oilfield development project in the Cuu Long Basin off the coast of Vietnam in Southeast Asia, which

about 1 year ago
Forging ahead with fleet renewal, Maersk books 20 new dual-fuel ships
Business Developments & Projects

Forging ahead with fleet renewal, Maersk books 20 new dual-fuel ships

Maersk has concluded agreements with three shipyards for the construction of 20 container vessels equipped with dual-fuel engines, rounding off the newbuilding orders revealed in August 2024.

about 1 year ago
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